Charles, a financial consultant, has been self-employed for several years. His list of clients has grown, and he is earning a reputation as a shrewd investor. Charles rents a small office, uses the pool secretarial services, and has purchased a car that he is depreciating over three years. The following income statements over Charless first two years of business:

Item Commissions Revenue Rent Secretarial Services Car Expenses, Gas, Insurance Depreciation Net Income

Year 1 $25,000 $12,000 3,000 6,000 15,000 $(11,000)

Year 2 $65,000 $12,000 9,000 6,500 15,000 $22,500

Charles believes that he should earn more than $11,500 for working very hard for two years. He is thinking about going to work for an investment firm where he can earn $40,000 per year. What would you advise Charles to do?